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but we can't move beyond the debt ceiling issue. i knew that would be a stopper, a game stopper. so we have to address that. now, the conditions exist that there can be a grand compromise that will move the economy forward or we can just go into free fall. for example, the last negotiation on the debt ceiling, well, the president, i thought, gave more than he should have given, but nonetheless, he did that. now the onus is on the rps to come to the table. because, see, what has happened is, tax cuts are essentially -- tax increases are off the table. and we got revenue from that. not enough that we needed, but that's off the table. and that was a big issue for the republicans. >> danny, let's move on. let's talk about the possibility of a government shutdown. the president seemed to indicate that it was, first of all, the republicans' responsibility. that they were going to take the onus, the responsibility for this, and that it was potentially something that he was willing to allow happen, because he felt that most people will blame the republicans. if the government shuts down,
but we can't move beyond the debt ceiling issue. i knew that would be a stopper, a game stopper. so we have to address that. now, the conditions exist that there can be a grand compromise that will move the economy forward or we can just go into free fall. for example, the last negotiation on the debt ceiling, well, the president, i thought, gave more than he should have given, but nonetheless, he did that. now the onus is on the rps to come to the table. because, see, what has happened is, tax...
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the previous debt ceiling standoff, one of the issues was when would the next debt ceiling be reached, annoy, remember the republicans -- and even harry reid suggested that they do this every six months, get a temporary extension and come back in six months. at one point the republicans were proposing three extensions, three votes before the next election. and the president, meeting with his own aides about this said that's it. i'm done. i'm not doing this. this is not how the constitution was meant -- was designed. our founding fathers did not envision a day when members of congress could hold the president hostage by not paying the bills they themselves had racked up. and as often happens in these situations, the cooler heads on his staff said, well, mr. president, we understand how you feel, but we may have to cut the -- no, i'm not going to do it. he was very firm because he believed it was not just affecting him but about preserving the status of the presidency for future presidents. and in the end one of the things he was most proud of in that deal was not giving in to that. but
the previous debt ceiling standoff, one of the issues was when would the next debt ceiling be reached, annoy, remember the republicans -- and even harry reid suggested that they do this every six months, get a temporary extension and come back in six months. at one point the republicans were proposing three extensions, three votes before the next election. and the president, meeting with his own aides about this said that's it. i'm done. i'm not doing this. this is not how the constitution was...
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but the last time we had one of these debt ceiling debacles that embarrassment was the first downgrade of u.s. credit in history. if congress doesn't act and we default for the first time ever, the consequences are likely to be severe for all of us. federal interest costs would likely rise, business and personal borrowing costs would probably follow. it would also make the struggle to manage our historic debt levels tougher. the worst thing that can happen if you're beck lg under debt, is for your interest rate to go up. it could mean higher taxes and more cults to programs and services from the government. any hope for a controlled fix to our debt problem would be compromised. failing to pay for what we've already spent would be hazardous to the fragile economic recovery now gaining steam. just this week we got a reading about construction of new homes. it jumped 12.1% in december compared to the month before. that's the highest in more than four years. first-time claims for unemployment benefits fell to a five-year low. and the stock market that you invested in your 401(k) and i.r.a.
but the last time we had one of these debt ceiling debacles that embarrassment was the first downgrade of u.s. credit in history. if congress doesn't act and we default for the first time ever, the consequences are likely to be severe for all of us. federal interest costs would likely rise, business and personal borrowing costs would probably follow. it would also make the struggle to manage our historic debt levels tougher. the worst thing that can happen if you're beck lg under debt, is for...
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bolster the republicans hand when it comes to dealing with the democrats on the issue of debt and much more. ohio senator rob portman is here. and what do you make of obama, only 2006 a vote against the debt ceiling. >> it went further than that. he said it would be unpatriotic. >> sean: that's another, i actually have that clip. you want to see it. >> sure. >> sean: let's show the videotape. >> the problem is, is that the way bush has done it over the last eight years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from 5 trillion dollars for the first 42 presidents, number 43 added 4 trillion dollars by his lonesome, so we now have over 9 trillion dollars of debt that we are going to have to pay back. $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic. >> sean: now at 16 trillion and $52,000 for every man, woman and child without unfunded liability. >> i posted 6 trillion dollars ago actually. another thing that he said, sean, i think is equally important, this means republicans don't want to pa
bolster the republicans hand when it comes to dealing with the democrats on the issue of debt and much more. ohio senator rob portman is here. and what do you make of obama, only 2006 a vote against the debt ceiling. >> it went further than that. he said it would be unpatriotic. >> sean: that's another, i actually have that clip. you want to see it. >> sure. >> sean: let's show the videotape. >> the problem is, is that the way bush has done it over the last eight...
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, the debt ceiling, maybe the war in afghanistan could have gotten a word today, or a question are we really getting out. in the d.c. media they're concerned about who is at what cocktail party and what everybody is wearing and how come you're not talking to more people. meanwhile, the president said he puts out invitations to the white house all the time. >> we invite folks from congress over here all the time. sometimes they don't choose to come, and that has to do with the fact that i think they don't consider the optics useful for them politically. >> ah-ha. you can't get your picture taken with the president. that's not good. boehner has turned down invitations to five state dinners a row. mitch mcconnell and three other republican senators turned down an invitation just to watch the movie "lincoln" over at the white house. it might have embarrassed them a little bit. these snubs are nothing new from republicans. it's dangerous politically for republicans to be seen at the white house. and there is always a tea party candidate close by, waiting to primary anybody who works with t
, the debt ceiling, maybe the war in afghanistan could have gotten a word today, or a question are we really getting out. in the d.c. media they're concerned about who is at what cocktail party and what everybody is wearing and how come you're not talking to more people. meanwhile, the president said he puts out invitations to the white house all the time. >> we invite folks from congress over here all the time. sometimes they don't choose to come, and that has to do with the fact that i...
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the debt ceiling debate will get nasty. especially since many congressmen don't seem to understand the issue at all. ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ saved $480 bucks. you know what that is? yeah. don't say it. so you know what it is, right? yeah, yeah, don't. that's a lot of dough! ♪ [ male announcer ] switch and you could save $480 bucks with state farm. ♪ officeyour business needs...k... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. schwab bank was built with all the value and convenience tdd#: 1-800-345-2550 investors
the debt ceiling debate will get nasty. especially since many congressmen don't seem to understand the issue at all. ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year....
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Jan 18, 2013
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if the house can pass a clean debt ceiling increase and meeting the existing obligations we will be happy to consider it. here we are as i said three days before inauguration and it looks like another fight that the republicans are not prepared to it seems to follow through on despite the threats. >> zachary and i were having a conversation in the green room and i said i don't understand the meaning of a second inauguration for the president. i get it now. the reason we need another inauguration is apparently one party doesn't understand we had an election in november and they lost. which means that you move on and you let the president be the president of the united states. these guys still want to fight the old battles of 2012. >> but they're giving this extension now. >> a three-month extension. the white house should tell them to go shove it. you can't run a government three months at a time. you have to have a long-term planning. bad for the markets. bad for the country. bad for the economy. let's make clear, definitive decisions. you lost. let's come together and compromise. pass th
if the house can pass a clean debt ceiling increase and meeting the existing obligations we will be happy to consider it. here we are as i said three days before inauguration and it looks like another fight that the republicans are not prepared to it seems to follow through on despite the threats. >> zachary and i were having a conversation in the green room and i said i don't understand the meaning of a second inauguration for the president. i get it now. the reason we need another...
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of the debt ceiling. lou, an interesting couple of months. looking forward to it. >> megyn: all right. thank you, sir. >> thanks, megyn. >> megyn: with the president refuse to go negotiate on that debt ceiling, it's coming and we're going to hit it and there's going to be a real question what we will do. he negotiated the last time and suddenly says he doesn't want to negotiate anymore and the republicans have drawn a line in the sand when it comes to these spending cuts, saying, if we don't see a dollar for dollar spending cut in the amount you want to raise the debt ceiling, there's no deal. what kind of progress can we hope for here? our political panel debates that coming up in our next hour. now to another big debate playing out in washington over the obama administration's efforts to overhaul the nation's gun laws. we heard some of that this morning. here is the president addressing this issue during a white house news conference, we mentioned, moments ago. >> what you can count on is that the thing
of the debt ceiling. lou, an interesting couple of months. looking forward to it. >> megyn: all right. thank you, sir. >> thanks, megyn. >> megyn: with the president refuse to go negotiate on that debt ceiling, it's coming and we're going to hit it and there's going to be a real question what we will do. he negotiated the last time and suddenly says he doesn't want to negotiate anymore and the republicans have drawn a line in the sand when it comes to these spending cuts,...
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. >> the president won't back down on the debt ceiling or on gun safety. >> the pressing issue of gun reform. >> exactly one month after the tragedy at sandy hook. >> if there is a step we can take that will save even one child we should take that step. >> gun violence continues to wreak its deadly toll each day. >> this is a moment to act. >> congress is incapable of passing an assault weapon ban. >> everybody is totally upset by it. >> what makes sense? what works? >> this is a moment to act. >> this is a promise to turn the conversation into actions. >> if there is a step we can take that will save even one child, we should take that step. >> the lecturer in chief returns to the east room of the white house today to explain something to congressional republicans that previous presidents have not had to explain to congress. >> i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills
. >> the president won't back down on the debt ceiling or on gun safety. >> the pressing issue of gun reform. >> exactly one month after the tragedy at sandy hook. >> if there is a step we can take that will save even one child we should take that step. >> gun violence continues to wreak its deadly toll each day. >> this is a moment to act. >> congress is incapable of passing an assault weapon ban. >> everybody is totally upset by it. >>...
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on the debt ceiling issue it is dramatically different. and on top of that you also have two other issues where these two sides will be going head to head. again, the issue of sequester. and obviously, the continuing resolution, basically the way the government is paid for going forward. so we've got a busy couple months ahead of us. >> we do. hey, peter, we have to take note that we're going to see you in a little more dressed down, little more casual sigde of you at the bottom of the hour for office politics. for anyone who wants to see what goes on behind the scenes with you, tune in. are you nervous? >> i think i have a pretty good sense how this is going to go. i was more nervous when you came here-p but i know you took good care of me. it will be all right. >> it will. it will be interesting for folks who stick around. thanks, peter. >> thanks, alex. >> carol lee and associate politics editor for roll call david drucker. welcome to both of you. >> good morning. >> carol, i'll speak with you first. as the president says, he's not goin
on the debt ceiling issue it is dramatically different. and on top of that you also have two other issues where these two sides will be going head to head. again, the issue of sequester. and obviously, the continuing resolution, basically the way the government is paid for going forward. so we've got a busy couple months ahead of us. >> we do. hey, peter, we have to take note that we're going to see you in a little more dressed down, little more casual sigde of you at the bottom of the...
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ceiling. . it has been less than one month since the tragic shooting at sandy hook elementary in connecticut and the country is deeply divided over the issue of gun control, and the deadline is approaching for vice president joe biden to representative his recommendations to the president which should happen tuesday. cnn's candy crowley is taking up the debate in today's "state of the union" and candy, i understand that you have a pretty outspoken guest on the show. >> well, a couple of them. david keene who is the president of the national rifle association and also we will talk to the new senator from connecticut chris murphy and i spoke to him a month ago up there on the scene at newtown, and then we want to try to take a look of this from a bipartisan approach if that is possible. there is a new group forming with senator joe manchin who is a democrat from west virginia and jon huntsman who was a presidential candidate a moderate who is trying to form this group to form bipartisanship, and i
ceiling. . it has been less than one month since the tragic shooting at sandy hook elementary in connecticut and the country is deeply divided over the issue of gun control, and the deadline is approaching for vice president joe biden to representative his recommendations to the president which should happen tuesday. cnn's candy crowley is taking up the debate in today's "state of the union" and candy, i understand that you have a pretty outspoken guest on the show. >> well, a...
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we've got a debt ceiling issue that the president's going to have to deal with. there are a lot of other issues the president's going to have to deal with, immigration reform. i think the president's going to have to spend time on this whether he wants to or not. >> connie mack, nice to see you. >> nice to see you. >> please tell your lovely wife we're sorry she lost all her luggage and was stuck at the airport. >> love you, honey. >> we'll get back to john berman with a look at some of the other stories ahead this morning. >>> we'll be talking about the golden globes. ben affleck didn't get nominated for an oscar, but his surprise win at the globes may be vindication. we'll have that, the other surprises, and the big snubs in a live report. >>> he's known for his role on "breaking bad," but actor steven michael casada has a new role to play, local school board member. you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can tra
we've got a debt ceiling issue that the president's going to have to deal with. there are a lot of other issues the president's going to have to deal with, immigration reform. i think the president's going to have to spend time on this whether he wants to or not. >> connie mack, nice to see you. >> nice to see you. >> please tell your lovely wife we're sorry she lost all her luggage and was stuck at the airport. >> love you, honey. >> we'll get back to john berman...
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of course the whole issue of sequestration and raising the debt ceiling limit, getting the budget under control, are probably our highest priority at this point in time. we should be meeting four and five days a week in committee doing the job that we were elected to do and the republican leadership has not set a schedule that we can do that. the whole gun control issue has been on the front pages now for decades and the democrats, republicans, none of us have really done anything about it. so i think the president is spot on. he is right where the american people are. people in this country want to see a ban on assault weapons. they want to see a ban on these high capacity magazines. they want to see background checks. they want to see better mental health care services. and that is where we need to go and where the country wants us to go. >> we should be able to chew gum and walk at the same time. i believe the country is crying out for us to take action on making life safer in this country and reducing gun violence. i would like to see us prioritize getting people back to work. i don
of course the whole issue of sequestration and raising the debt ceiling limit, getting the budget under control, are probably our highest priority at this point in time. we should be meeting four and five days a week in committee doing the job that we were elected to do and the republican leadership has not set a schedule that we can do that. the whole gun control issue has been on the front pages now for decades and the democrats, republicans, none of us have really done anything about it. so...
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he has fights around the debt ceiling coming up and to make this the issue, how do you think that will work? >> that's why i wonder how serious he is. i'm not questioning his motives. now he knows for the next two months all we're going to be talking about is the debt ceiling, sequestration, the continuing resolution, ending the fiscal cliff, all of these. >> you're not questioning his motives of what he's suggesting. he'd rather have a conversation about guns than the debt ceiling? >> i think the president is trying to get political support from his base, maybe he feels it strengthens him going into negotiations with the republicans or the fiscal issues. listen these guys won't even ban assault weapons, how can you trust them on taxes and spending. i see it as building up his political position which is not wrong but i don't think in his heart of hearts he thinks he's going to pass any significant legislation. >> congressman king in the studio after my asking all the time. >> i couldn't stay away from you, soledad. >> she's not really a tough interviewer is she? >> she's very nice and
he has fights around the debt ceiling coming up and to make this the issue, how do you think that will work? >> that's why i wonder how serious he is. i'm not questioning his motives. now he knows for the next two months all we're going to be talking about is the debt ceiling, sequestration, the continuing resolution, ending the fiscal cliff, all of these. >> you're not questioning his motives of what he's suggesting. he'd rather have a conversation about guns than the debt ceiling?...
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ceiling. the house of representatives is back in session today, too, and republicans are just as adamant, insisting they won't raise the debt limit, unless the president goes along with spending cuts. let's go live to cnn white house correspondent brianna keilar. >> reporter: president obama stating very clearly today that he will not negotiate deficit reduction, tax increases and spending cuts attached to the debt ceiling. this of course does follow that bruising battle the year before last, where he did negotiate on the issue, and the u.s. nearly went to the brink of default. he said that congress has to pay the bills that it's already racked up. >> you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. and if you do, you're breaking the law. and congress should think about it the same way that the american people do. you don't -- now, if congress want, to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go t
ceiling. the house of representatives is back in session today, too, and republicans are just as adamant, insisting they won't raise the debt limit, unless the president goes along with spending cuts. let's go live to cnn white house correspondent brianna keilar. >> reporter: president obama stating very clearly today that he will not negotiate deficit reduction, tax increases and spending cuts attached to the debt ceiling. this of course does follow that bruising battle the year before...
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i think we should extend if not end the debt ceiling issue. we should just set it aside for a considerable period of time. we should tackle sequestration and we have to do that in the next six weeks. so i'm hopeful that we don't drag this out as some people are saying and then move on to serious discussion of tax reform and entitlement issues. so i see it in a sense the opposite way. i say let it is done, the sequestration part in the debt ceiling in the next six weeks and then move on. those who are you saying let's do a triple by drivel, they are the ones who would be undermining the effort to sit down and had a serious discussion of tax reform. >> we have about two minutes left. francine. >> the question itemized reductions. what is your thought of having a cap and itemized deductions that people use for whatever they want. mortgage or a charity or whatever. >> i think the problem with a cat is that it has to seriously consequence, especially for charitable contributions. because a substantial portion of the charitable contributions come fr
i think we should extend if not end the debt ceiling issue. we should just set it aside for a considerable period of time. we should tackle sequestration and we have to do that in the next six weeks. so i'm hopeful that we don't drag this out as some people are saying and then move on to serious discussion of tax reform and entitlement issues. so i see it in a sense the opposite way. i say let it is done, the sequestration part in the debt ceiling in the next six weeks and then move on. those...
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how are some of the top republicans responding to president obama on this debt ceiling issue? >> reporter: well, jon, republicans are clearly uncomfortable with prominent democrats already talking about a tax increase when you consider the fiscal cliff deal raised taxes and every worker with a payroll tax hiring expiring and raised taxes on upper income americans even further, check your pay stub. a leading republican says responding to the president what's critical is getting spending under control. >> it's a compelling message saying we ned to pay the bills we've racked up. of it messes the whole point again. think of it in terms of a credit card. in you have a son or daughter who exceeds the limit, the first thing you do is rip up the card, the second thing you do is you say you need to change your spending habits. >> reporter: they say we need to a just what bills we are paying and how they are paying. jon: the issue of depending on disaster relief could provide tkraeupl drama there on capitol hill. >> reporter: speaker john boehner promised that the house would take up sa
how are some of the top republicans responding to president obama on this debt ceiling issue? >> reporter: well, jon, republicans are clearly uncomfortable with prominent democrats already talking about a tax increase when you consider the fiscal cliff deal raised taxes and every worker with a payroll tax hiring expiring and raised taxes on upper income americans even further, check your pay stub. a leading republican says responding to the president what's critical is getting spending...
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the debt ceiling issue should become a partisan issue. i appeal to the republicans to realize they should not place us in that kind of jeopardy. there will be hearing. we will work on witnesses today. i hope we will be resolving who the witnesses will be. i think there'll be concentration as to who they pick and our choice, one witness out of four. host: might it be secretary geithner? guest: no. host: tony. hi, tony. caller: good morning. guest: where is olive branch? i have been across the bridge there. caller: the talk about congress and everybody is looking at discretionary spending. we're finding the black rhino but we cannot take care of grandma. otherbuilding mosques foreign countries. people have to worry about being on the street and being homeless. we send money to countries to improve their water systems. thinking about the pipes in china. money out of this country. he talked about people spending money and avoiding taxes. host: we will get a response. guest: i do not know the last figure. we do have foreign assistance. it is a
the debt ceiling issue should become a partisan issue. i appeal to the republicans to realize they should not place us in that kind of jeopardy. there will be hearing. we will work on witnesses today. i hope we will be resolving who the witnesses will be. i think there'll be concentration as to who they pick and our choice, one witness out of four. host: might it be secretary geithner? guest: no. host: tony. hi, tony. caller: good morning. guest: where is olive branch? i have been across the...
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because we take it a whole lot -- we spend a whole lot more money than we take in, the debt ceiling become as real issue pd at government has to stop spending about $100 billion a month. that means the government will have to lay off people and that will mean more unemployment and more pain for people. it also means the government won't be able to pay all 6 it bills and it may stop sending money to the businesses in the united states. some of whom could go bankruptcy because of it. >> critics have said you can list out all of the things that won't get paid respect but in the end it has a massive ripple effect. and yet the house speaker said yesterday the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved. so i think a lot of people are tormented over this. they agree with both sides. yes, we can't spend, no, we can't default, but who does big business see this? >> big business is pretty clear. i've spoken to a lot of ceos. they don't want to have the debt ceiling be the problem. they think that
because we take it a whole lot -- we spend a whole lot more money than we take in, the debt ceiling become as real issue pd at government has to stop spending about $100 billion a month. that means the government will have to lay off people and that will mean more unemployment and more pain for people. it also means the government won't be able to pay all 6 it bills and it may stop sending money to the businesses in the united states. some of whom could go bankruptcy because of it. >>...
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the debt ceiling is a dangerous game. i think they recognize that politically. they'll push -- the question is how -- how do they push on the debt ceiling? do they say, look, we'll give you a short-term extension of the debt ceiling for a certain amount of spending cuts, or we'll give you a long-term extension like you want for even more spending cuts. can they force entitlement reform around medicare, for instance, even some of the -- in their view -- more limited things that the president wants to do around means testing and age and indexing to try to attach that to a debt-limit deal. do they move beyond the debt limit, try to get to the continuing resolutions and those kinds of things? they recognize that this is the only area of leverage that they have, but they want to be careful about it. >> so chuck todd, how does the white house deal with that supposed leverage? >> well, first i think the republicans are hoping that they have a manti te'o defense, that somehow it was all a hoax and maybe the election was a hoax and they can go back and redo everything. n
the debt ceiling is a dangerous game. i think they recognize that politically. they'll push -- the question is how -- how do they push on the debt ceiling? do they say, look, we'll give you a short-term extension of the debt ceiling for a certain amount of spending cuts, or we'll give you a long-term extension like you want for even more spending cuts. can they force entitlement reform around medicare, for instance, even some of the -- in their view -- more limited things that the president...
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should we use the debt ceiling. should we not use the debt ceiling and to punt on these issues. if one members of congress are back here working and two, they were working on fixing problems we know exist. our deficits are too large. we're borrowing too much. they could actually put in place a plan that would gradually deal with these problems. you lift the debt ceiling because you have resolved what is standing in the way. must be a smarter way to approach this. tracy: i get what you're saying. you need some sort of litmus and some sort of bar. but at the same time the markets moved on from this. if they were that concerned we would be down more than 20 points today. we still have a pretty darn good credit rating even though moody's keeps threatening to drop it. they threatened before. if we were in such dire straits, i think you would be feeling it in other places and really aside from us blow harding about it on the news all the time. i'm not sure anybody cares. >> well, that is a great point. markets are reading a lot of different tea leaves and have a lot of different conce
should we use the debt ceiling. should we not use the debt ceiling and to punt on these issues. if one members of congress are back here working and two, they were working on fixing problems we know exist. our deficits are too large. we're borrowing too much. they could actually put in place a plan that would gradually deal with these problems. you lift the debt ceiling because you have resolved what is standing in the way. must be a smarter way to approach this. tracy: i get what you're...
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Jan 13, 2013
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we know about the confirmation hearing issues and then the fiscal, the debt ceiling which is fast approaching as well. >> definitely that dance card is getting filled up pretty quickly so early in the year and he hasn't even been inaugurated. also in that article, senator marco rubio preparing his own version of the d.r.e.a.m. act. he discussed how republicans could face some pushback from latinos because of their stance on immigration reform. he said this, quote. we are going to have a struggle speaking to a whole segment of the population about our principles of limited government and free enterprise if they think we don't want them here, alluding to those who might benefit from the d.r.e.a.m. act. so republicans have their own pr campaign to conduct with latinos on immigration reform, but how is the president going to combat republicans who want to see a more piece meal approach as we move forward here? >> reporter: i think we've seen the way the president has handled other recent challenges from his republican opposition when you consider just the fiscal cliff hanger as it were with campa
we know about the confirmation hearing issues and then the fiscal, the debt ceiling which is fast approaching as well. >> definitely that dance card is getting filled up pretty quickly so early in the year and he hasn't even been inaugurated. also in that article, senator marco rubio preparing his own version of the d.r.e.a.m. act. he discussed how republicans could face some pushback from latinos because of their stance on immigration reform. he said this, quote. we are going to have a...
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Jan 20, 2013
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the drama in waington on a different issue. the nation's debt. we hit the ceiling and the government is using accounting tricks to pay the bills and top republican leaderships say they may vote in favor of a three month extension without requirements to cut government spending that. is according to eric cantor who said the vote could happen next week. it would mark a hudge about face for congressional republicans who said our government is addicted to spending . we turn to our new polling and show you most americans believe we have a spending problem. a whopping 83 percent said that government spending is out of control. compared to 62 percent in 2009 . majority of you scene percent favor raising the debt ceiling but the increase must be tied to major spending cuts. only 23 percent think it should be raised with no strings attached. that is what the republicans are considering. stay withs numbers just a moment now. we want to show you president obama will begin the second term with much less support than he had four years ago. the president's app
the drama in waington on a different issue. the nation's debt. we hit the ceiling and the government is using accounting tricks to pay the bills and top republican leaderships say they may vote in favor of a three month extension without requirements to cut government spending that. is according to eric cantor who said the vote could happen next week. it would mark a hudge about face for congressional republicans who said our government is addicted to spending . we turn to our new polling and...
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Jan 17, 2013
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the appropriate goal here whether the debate should occur, plus, if you use the debt ceiling as the issue, the president gets to talk about default, he gets to talk about social security, and from a republican standpoint, we should be talking about spending, spending restraint. so what's the logical place to do this? obviously, it's on the sequester. that's where the next pressure point should be, and we should have the debate over how much spending should be explained. the president said he'll do a two for one event, two dollars of spending for every dollar of revenue. $1.2 trillion of spending restraint, that makes sense. the two match up rather equally. .. >> the only way you can get agreements with both sides win by the way, if something like this. where there are a series of entitlement changes which do not impact immediately and leapfrog the president's term in office, so the price he will pay will not be significant any era of political capital, but which do very significant steps in getting our fiscal house in order. most of our entitlements concern that down the road driven event
the appropriate goal here whether the debate should occur, plus, if you use the debt ceiling as the issue, the president gets to talk about default, he gets to talk about social security, and from a republican standpoint, we should be talking about spending, spending restraint. so what's the logical place to do this? obviously, it's on the sequester. that's where the next pressure point should be, and we should have the debate over how much spending should be explained. the president said he'll...
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Jan 19, 2013
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so two issues i want to get to right now. immigration and debt. maria, i'm going to start with you on this one. the upcoming debt, certainly, the debt ceiling set the tone, really, for what to expect, we think, for the next four years. the battle over that, already. do you see that as the case? >> well, it's certainly going to be a big challenge, both for the president and for republicans. you're already hearing from republicans that came out of their retreat yesterday, essentially walking back, that they were going to use this debt ceiling pretty much to -- you know, as the democrats like to say, to take the economy hostage, to demand spending cuts. they have backed off of that, looking at some plan to raise the debt ceiling at least for the next three months, to give some time for those talks to happen. and there is a big challenge in coming together, because the president still really feels like absolutely, the debt needs to be focus on, it's a huge issue, big priority, but it needs to be done in a balanced way so that all the spending cuts are
so two issues i want to get to right now. immigration and debt. maria, i'm going to start with you on this one. the upcoming debt, certainly, the debt ceiling set the tone, really, for what to expect, we think, for the next four years. the battle over that, already. do you see that as the case? >> well, it's certainly going to be a big challenge, both for the president and for republicans. you're already hearing from republicans that came out of their retreat yesterday, essentially...
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Jan 14, 2013
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he will be talking about the debt ceiling. that is the $16.7 billion ceiling we will hit up against in congress. also, possibly touching on topics like gun violence and other issues that are on the president's agenda. >> ladies and gentlemen, the president of the united states. >> please have a seat. good morning. i thought it might make sense to take some questions this week as my first term comes to an end. it has been a busy and productive for years. i expect the same thing from the next four years, and i intend to carry out the agenda i campaigned on. new security for the middle class. right now our economy is growing and our businesses are creating new jobs. we are poised for a good year. if we make smart decisions in sound investments, and as long as washington politics did not get in the way of america's progress. as a set on the campaign, one component to growing our economy and broadening opportunity for the middle class is shrinking our deficit and a balanced and responsible way. for nearly two years now i have been
he will be talking about the debt ceiling. that is the $16.7 billion ceiling we will hit up against in congress. also, possibly touching on topics like gun violence and other issues that are on the president's agenda. >> ladies and gentlemen, the president of the united states. >> please have a seat. good morning. i thought it might make sense to take some questions this week as my first term comes to an end. it has been a busy and productive for years. i expect the same thing from...
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Jan 14, 2013
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and so you have this fight over the debt ceiling, but it is about bigger issues. the debt ceiling has nothing to do with immigration reform, nothing to do with the proposals on gun control, nothing to do with anything else the president might want to do in his second term, but guess what, it does affect the climate in washington. and the fact that he does not have a more trusting, even a private back channel relationship with the key republican leaders is one of the -- one of the reasons and they had responsibility too, i'm not putting it all on the president it a washington crisis if you will, a trust deficit. it is one of the reasons -- >> mitch mcconnell talking. >> so you have to have the vice president go to the senate republican leader, two guys -- they're not best of friends. trust me. i know them both. they're not best of friends. they do trust each other. mitch mcconnell knows if joe biden gives him his word, it is good. we need more of that in washington, not less. >> let me ask you, since i have you, something else the president mentioned, asked, of cou
and so you have this fight over the debt ceiling, but it is about bigger issues. the debt ceiling has nothing to do with immigration reform, nothing to do with the proposals on gun control, nothing to do with anything else the president might want to do in his second term, but guess what, it does affect the climate in washington. and the fact that he does not have a more trusting, even a private back channel relationship with the key republican leaders is one of the -- one of the reasons and...
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Jan 18, 2013
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jon: when republicans return to capitol hill next week they will folk on issues like the debt ceiling and upcoming budget battles. the president's sweeping effort to control guns including 23 executive actions could make it harder than ever to reach any kind of bipartisan agreement. senator rand paul says he will fight the president's executive orders. he's accusing the president of acting more like a king. >> our founding fathers were very concerned about having a separation of powers. they didn't want to let the president become a king. and i'm afraid that president obama may have this king complex sort of developing. i'm very concerned about this president garnering so much pow irand arrogance that he thinks he can 0 do whatever he wants. jon: senator ted cruz of texas seems to agree saying the president is high on power. >> this is the president who has drunk the kool-aid. he is feeling right now high on his own power and he is pushing on every front, on guns, i think it's really sad to see the president of the united states exploiting the murder of children, and using it to push
jon: when republicans return to capitol hill next week they will folk on issues like the debt ceiling and upcoming budget battles. the president's sweeping effort to control guns including 23 executive actions could make it harder than ever to reach any kind of bipartisan agreement. senator rand paul says he will fight the president's executive orders. he's accusing the president of acting more like a king. >> our founding fathers were very concerned about having a separation of powers....
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Jan 14, 2013
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not careening from a debt ceiling debacle to a fiscal cliff to some other issue with tax credits that expire every few months and all that kind of stuff so i think somehow the government as a whole has to come together in order to give business the confidence it needs. >> the single most important cost that we need to get under control is health care. which now takes up 17% of gdp and still rises much faster than inflation every year. peter or zag ran president obama's office of management and budget in the first term. he says obama care moves us away from a bad model where doctors and hospital haves a financial incentive to sell you lots of services. getting health care costs down is absolutely fundamental to the long-term fiscal health of the country. >> i think there's several things. i would point to moving much more aggressively away from fever service, even more rapidly. we don't need to wait until 2020. in addition i think the big gap that remains is medical malpractice reform and what i would favor is a safe harbor to a doctor. if you can show you're following an evidence-base
not careening from a debt ceiling debacle to a fiscal cliff to some other issue with tax credits that expire every few months and all that kind of stuff so i think somehow the government as a whole has to come together in order to give business the confidence it needs. >> the single most important cost that we need to get under control is health care. which now takes up 17% of gdp and still rises much faster than inflation every year. peter or zag ran president obama's office of...
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Jan 14, 2013
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ceiling issue. i know you've said you're not negotiating and your administration has ruled out the various ideas that were out there, the 14th amendment, but just this morning one of the house members asked you to use the 14th amendment and said sometimes that's what it takes. he brought up the proclamation and he compared the debt ceiling to that. so are you considering a plan b? and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a deadbeat nation. and so there is a very simple solution to this. congress authorizes us to pay our bills. now, if the house and the senate want to give me the authority so that they don't have to take these tough votes, if they want to put the responsibility on me to raise the debt ceiling, i'm happy to take it. mitch mcconnell, the republican leader in the senate, had a proposal like that last year, and i'm happy to accept it. but if they want to keep this responsibility, then they need to go ahead and get it done. a
ceiling issue. i know you've said you're not negotiating and your administration has ruled out the various ideas that were out there, the 14th amendment, but just this morning one of the house members asked you to use the 14th amendment and said sometimes that's what it takes. he brought up the proclamation and he compared the debt ceiling to that. so are you considering a plan b? and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a...
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Jan 16, 2013
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because i don't think the debt ceiling issue should become such a partisan issue. and i just appeal to the republicans who are having this retreat to realize that they should not place us in that kind of jeopardy. so there will be a hearing. we're going to work on witnesses today, settle them, and i hope the chairman and i will be resolving who will be the witnesses. they get the choice, the majority, but in this case i think there will be consternation as to who they pick and our choice. host: ok, all right. guest: we'll have one witness out of four. host: could it be secretary geithner? guest: no. host: do you think they'll call on him, the republicans? guest: no. host: tony, olive branch, mississippi. republican. hi, tony. caller: good morning. how you doing, senator? guest: where is olive branch? caller: it's down across the street from memphis, tennessee -- mississippi. guest: i've been across the bridge there. host: what's your question or comment? caller: my deal is when you talk about congress and everybody is looking at discretionary spending, i beg it dif
because i don't think the debt ceiling issue should become such a partisan issue. and i just appeal to the republicans who are having this retreat to realize that they should not place us in that kind of jeopardy. so there will be a hearing. we're going to work on witnesses today, settle them, and i hope the chairman and i will be resolving who will be the witnesses. they get the choice, the majority, but in this case i think there will be consternation as to who they pick and our choice. host:...
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Jan 16, 2013
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you have the whole issue of whether or not the debt ceiling is going to be raised, whether or not that is going to be held hostage to actually paying the bills the government has to pay. you also talk about immigration reform. where does this fit in in terms of the president's priorities, do you think? >> well, from where i sat today, obviously it seems to be a very high priority for the president of the united states. i'll let the white house and the administration answer how they're going to deal with congress. that's their task, not mine. but i'm confident that the president, the vice president and the entire administration is going to do everything they can to get the package they proposed today through congress. and, you know, when you heard the president say, i think it's essential, american citizens, the american people have to demand this. we have to act. when you have 1,000 people nearly killed in last 30 days at the hands of gun, when you have mass tragedies like happened in connecticut, aurora, colorado, oregon, enough is enough. and we have to act. we have to do whatever we
you have the whole issue of whether or not the debt ceiling is going to be raised, whether or not that is going to be held hostage to actually paying the bills the government has to pay. you also talk about immigration reform. where does this fit in in terms of the president's priorities, do you think? >> well, from where i sat today, obviously it seems to be a very high priority for the president of the united states. i'll let the white house and the administration answer how they're...
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Jan 13, 2013
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to many people on the left saying the president has a unilateral power to raise the debt ceiling, and that is craziness. if you look at the 14th amendment, it says the full faith and credit of the u.s. debt will be honored. and, of course, it will be even if we don't pass a debt ceiling on time because the first thing that gets paid, you and i have talked about this many times, the first thing that gets paid -- neil: well, the lawyers argued that out in court, and that's what gets ridiculous. but, you know, sabrina, here's what worries me. we've already soon an effective strategy on the part of the white house to marginalize the republican house and make it sort of like the last part of the negotiating process on the cliff deal where it was take it or leave it, and you're going to look like obstructionists if you just leave it. so the house cowered and went ahead and accepted a deal. but they discovered a wisdom in that strategy to not only push the house aside, but maybe bypass it entirely. and i think that's a growing trend. what do we do? what do we say to follow be up on it? -- to
to many people on the left saying the president has a unilateral power to raise the debt ceiling, and that is craziness. if you look at the 14th amendment, it says the full faith and credit of the u.s. debt will be honored. and, of course, it will be even if we don't pass a debt ceiling on time because the first thing that gets paid, you and i have talked about this many times, the first thing that gets paid -- neil: well, the lawyers argued that out in court, and that's what gets ridiculous....
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Jan 15, 2013
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there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there are more than one battle happening. where do you think the negotiations should take place? should be the debt ceiling or the continuing resolution to fund the government or sequestration? caller: the continuing revolution to keep the government going -- resolution. there are many departments we don't need. i was showing my grandchildr the debt clock, telling him how much money he would know when he becomes a taxpayer. he said he does not want to become a taxpayer. this is taxation without representation. they have to get this under control. they need a dyiet. host
there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there...
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Jan 18, 2013
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to have a hard time with the debt ceiling. that 27 could go to 12. >> there is usually somewhere lower to go. thank you very much, john avalon. >>> all right, well "outfront" next, we are learning new details about the american hostages in algeria. the family of one hostage spoke with cnn's david mattingly today. he's been chasing that down and he is going to be "outfront" in a moment. and more trouble for boeing. the electric problem of the dreamliner leading more countries to ground planes from america's biggest company. about health care...se i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive
to have a hard time with the debt ceiling. that 27 could go to 12. >> there is usually somewhere lower to go. thank you very much, john avalon. >>> all right, well "outfront" next, we are learning new details about the american hostages in algeria. the family of one hostage spoke with cnn's david mattingly today. he's been chasing that down and he is going to be "outfront" in a moment. and more trouble for boeing. the electric problem of the dreamliner leading...